Aldar Properties has announced that its luxury canal-front development, Yas Riva, has completely sold out within 24 hours of its launch. The Yas Island project generated over AED 1.4B in sales.
The swift sell-out of Yas Riva, where prices began at AED 8.3M, highlights increasing demand for luxury properties among investors.
Sales data shows a broad range of buyers. UAE nationals made up 52 percent of sales, while expatriates and international investors comprised the remaining 48 percent.
Among foreign buyers, Indian, Pakistani, and British nationals were the top three in terms of sales volume.
Notably, 60 percent of buyers are under 45 years old, demonstrating the appeal of Yas Riva’s lifestyle to a younger demographic. Additionally, 38 percent of the buyers were purchasing Aldar properties for the first time.
Situated near Yas Island’s key attractions, Yas Riva offers a relaxing waterfront lifestyle, featuring canal views and access to landscaped parks and gardens.
